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XRP Profit-Taking Volume Surges to $375 Million, Highest Since December 2024

Glassnode data shows XRP investors realized $375 million in profits, marking the largest profit-taking activity since the December 2024 rally.

XRP

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Terms & Concepts
  • Profit-Taking: The act of selling assets to realize gains after a price increase.
  • XRP: The native cryptocurrency of the Ripple network, designed for fast and cost-effective cross-border transactions.
  • Glassnode: An on-chain analytics platform that provides data and insights into cryptocurrency markets.